Selma Dallas County Public Library Foundations Inc

Analysis

Selma Dallas County Public Library Foundations Inc is a registered charity in United States, based in Selma, AL. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Selma Dallas County Public Library Foundations Inc reported income of $316k and spending of $193k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $316k (+224%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 250%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Selma Dallas County Public Library Foundations Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Cager Athletic Foundation ($316k), Becket Athenaeum Inc ($317k) and Sadiq School Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.